Williams & Novak LLC Has $396,000 Position in iShares U.S. Telecommunications ETF (BATS:IYZ)

Williams & Novak LLC trimmed its stake in iShares U.S. Telecommunications ETF (BATS:IYZ) by 17.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 14,765 shares of the exchange traded fund’s stock after selling 3,175 shares during the quarter. Williams & Novak LLC owned about 0.15% of iShares U.S. Telecommunications ETF worth $396,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Fisher Asset Management LLC grew its holdings in shares of iShares U.S. Telecommunications ETF by 1.7% during the third quarter. Fisher Asset Management LLC now owns 22,082 shares of the exchange traded fund’s stock valued at $558,000 after buying an additional 365 shares during the last quarter. Bank of Montreal Can increased its holdings in iShares U.S. Telecommunications ETF by 0.5% during the 2nd quarter. Bank of Montreal Can now owns 123,651 shares of the exchange traded fund’s stock worth $2,918,000 after purchasing an additional 626 shares in the last quarter. National Bank of Canada FI raised its stake in shares of iShares U.S. Telecommunications ETF by 0.9% in the third quarter. National Bank of Canada FI now owns 88,603 shares of the exchange traded fund’s stock worth $2,238,000 after purchasing an additional 789 shares during the last quarter. Brown Brothers Harriman & Co. bought a new position in shares of iShares U.S. Telecommunications ETF in the third quarter valued at approximately $27,000. Finally, Destination Wealth Management boosted its position in shares of iShares U.S. Telecommunications ETF by 1.8% during the third quarter. Destination Wealth Management now owns 77,573 shares of the exchange traded fund’s stock valued at $1,959,000 after buying an additional 1,400 shares during the last quarter.

iShares U.S. Telecommunications ETF Stock Up 2.8 %

Shares of BATS IYZ opened at $27.51 on Wednesday. The company has a market capitalization of $276.45 million, a PE ratio of 13.32 and a beta of 0.86. The stock’s 50 day moving average price is $27.36 and its 200-day moving average price is $25.42. iShares U.S. Telecommunications ETF has a twelve month low of $26.56 and a twelve month high of $34.77.

iShares U.S. Telecommunications ETF Profile

iShares U.S. Telecommunications ETF (the Fund), formerly iShares Dow Jones U.S. Telecommunications Sector Index Fund, is a non-diversified fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Select Telecommunications Index (the Index).